CANADA STOCKS-TSX set to edge higher at open; U.S. data weighs

June 26 (Reuters) - Canada's main stock index looked set to
open higher on Wednesday, helped by recent central bank efforts
to calm skittish markets, but gains were expected to be limited
by weaker-than-forecast U.S. economic data.

TOP STORIES

* U.S. stock index futures slightly pared gains after the
final read on first-quarter gross domestic product came in
weaker than expected.

* After a 12-year hiatus, the United States reclaimed first
place among top executives in a survey on foreign direct
investment sentiment, displacing China as it makes progress
toward sustainable and steady economic growth, a study showed.

* Markets over-reacted to the Federal Reserve's plan to stop
money printing but volatility is inevitable and should not deter
other central banks from doing the same when the time is right,
the head of the Bank for International Settlements said.

* An exit from the European Central Bank's exceptional
monetary policy measures remains distant, ECB President Mario
Draghi reiterated, soothing unnerved markets after the U.S.
Federal Reserve laid out a plan to reel in stimulus.

* China's financial markets calmed down after days of
turmoil thanks to the central bank's pledge to prevent a credit
crunch, but stocks struggled as investors braced for tougher
conditions in the world's second-largest economy.